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in california. colorado would have a significant -- pretty much every state in the country would benefit. you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money would get spent over the country very rapidly. >> thank you. governor brown. >> it is a good idea to bring back that $1 trillion sitting out there. how to do that, it remains to be seen. but then that will require some other tax. that would be my big request like everybody else. get america's finances under control and that will take both parties. it will take taxes and it will take reduction in commitments that have been made. it now can be validated. let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am a
. but take a close look at that portrait. that's not president reagan it's california governor reagan. california might not be the party savior anymore. out here r might as well stand for "rust." only 15 will be republicans in the next congress. that's six fewer than two years ago. in sacramento where reagan cut its chops, for the first time in 150 years they don't have control of the houses. here to talk about it joe garofoli, welcome back inside "the war room," joe. >> good to be here. >> explain what a supermajority is? >> two-thirds. basically it's veto proof. they are talking about reforming prop 13, the landmark tax measure that came out 30 years ago. >> the california republican at their best is different from a national republican. >> exactly. >> at one point i look at the national republican party saying to heck with california we have texas. but if the california -- the republican party wants to build and rebrand to fit into that isn't that sort of suicide here in state? >> absolutely. romney made no appearances here. the national ticket as totally blown
. that is the discipline, the imagination, and the investment. that is what makes california -- that is why people are still coming here. they're not staying in colorado, i am sorry to say. they're right here. [applause] >> just briefly, setting aside plunder for a moment. >> i am sorry about plunder. it is a big part of wealth creation. >> could you talk briefly about your turn initiative? >> it is going well. mike rossi is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual that denver works on that brings people together for cultural, business, intellectual exchange and focuses on mexico and chile and brazil. one of the great things we're missing rig
, the answer is very troubling. california public school teachers who lost six of their own in the newtown shooting, they are actually invested in the private equity firm that owns some of the world's biggest gun manufacturers. as we reported after the aurora shooting this past spring, cerberus kappel owns the freedom group, the world's largest firearm distributor. the freedom group produces over half of all semi-automatic rifles sold every year including the one that was used in the newtown massacre. the california teacher a pension fund has about $751 million invested in the company that is responsible for that, cerberus. late yesterday a spokesman for the fund told the sacramento beat that the pension fund was considering pulling its investment out of cerberus, saying "events that occurred in connecticut are a wakeup call to re-examine our investments." the california teacher's pension fund has a lot of money for those investments. $155 billion overall to be exact. remember $751 million of that is with cerberus.
happened at the oakland coliseum. a man fell is in critical condition this morning. the california supreme court could pile up position on prop 8 this morning. also an earthquake hits japan this morning we will have more coming out. >> the live look outside in san jose, still looking pretty but dark out there. in dealing with cloudy conditions as well as past patchy dense fog and the north bay. we're expecting plenty of sunshine in the afternoon, a bit warmer than yesterday. mostly clear and cool conditions into the evening. the full forecast is coming up in just a bit but for now over to erika >> the content as back up to the bay bridge plaza continues. to my knowledge the meeting lights are not active and we do not have any problems around the bay area. the east a phrase look good and no problems in the south bay no accidents along the peninsula and: easy drive time. 23 minutes out of the bottle into the city. >> overnight we had a strong earthquake in the northeastern part of japan. it was a 7.3 earthquake and the same area where we had a 9.0 earthquake years ago that killed 2000 people
-- language in the appropriation bills that says no federal money can be spent on california high- speed rail. that does not help us. that does not help but get any more product -- money to the project. that is why i say we are looking for private investment. >> amendments are not meant to help you. they are meant to stop this product until we see a plan terry we have been talking about this for two years. but something i can bring back to my state, my district and say this is the plan. like the last time we talked about it, i suggested he said that with mr. dan richard and go over the plan and review it. i would be happy to have mr. iraq -- mr. richard sit down with you and review what the plan is. if he does that, would you withdraw your language? >> when you can jammeh this project is fully funded and we have a private investor -- when you can show me this product is fully funded and we have a private investor. i have been hearing this story for many years. in the first came up in thought of the state senate, it was if he does support this, we will have a private investor before it goes to
to the sponsor of the house preemie act, the gentlewoman from california, mrs. etchue, such time as he she -- ms. eshoo, such time as she may consume. the speaker pro tempore: the gentlewoman from california is recognized. ms. eshoo: i thank the gentleman. madam speaker, i'm very proud to rise in support of the preemie act legislation that i introduced with congressman leonard lance. he's been a terrific partner, not only on this legislation but on other pieces of legislation that we've moved through the energy and commerce committee and i salute him. this bill will expand research, education and prevention of preterm births. as the mother of two children i know how precious the earliest part of life is and it's our responsibility to do everything we can to make sure that our little ones begin their lives with more than a fighting chance. each year, as was stated, each year half a million babies are born prematurely in our country, and preterm birth is the leading cause of newborn mortality and the second leading cause of infant mortality. babies born even a few weeks too early can require weeks
the democratic coalition is dominant, illinois, for example, new york state and california, you see a very different policy mix. which direction are they going? >> their policy mixes to mirror what's happening in washington, which is do not address any of your structural spending problems and need to add spending and ask your taxpayers in particular to-- the wealthier taxpayers to contribute more to that and it's a tax and spend policy. one of the problems that the states have, obviously it's not helping their economic growth and you're beginning to see a huge contrast on the ground between the economic situations of states that are reforming, and those that are not. >> paul: give us a couple of examples, kim, where is growth occurring where you're seeing it. the jobless rate, for example, in illinois the last time i checked was 8.8%. >> yes. >> paul: and meanwhile, wisconsin 6.9%, very interesting contrast. >> look at indiana, where it's also low, and-- yeah, north dakota, which by the way, steve mentioned you know, the fracking boom going up there. and i think it's below 5%, it's astonis
the democratic coalition is dominant, illinois for example, new york state and california you can see a very different policy mix. which direction are they going? >> their policy mix is to mirror what is happening in washington. do not address any of the structural spending problems. continue to add spending and then ask your taxpayers, the healthier of the taxpayers to contribute more money.-- one of the problems these states have is obviously it is not helping their economic growth, and you are beginning to see a huge contrast on the ground between the economic situations of states that are reforming and some that are not. >> where is the growth occurring and where you arel: seeing it?h the jobless rate in illinois last time i checked was 8.8%. wisconsin was 6.9%. very interesting contrast. >> indiana where it is also low. north dakota which steve mentioned the fracking boom, it is below 5%. it is astonishing. >> it is 3%. >> so what about steve where do you think this is going? we are going to see now over the next two, three, four years. >> n ao doubt about it. >> what laboratories work
california native was at the peak of her career. she was a grandmother and a single mother with five children. >> she is an example for me because i'm a single mother, too. and she tried very hard to help her kids. very sad day for me. >> u.s. officials will investigate the plane crash that killed her and others. >>> the body of 28-year-old nicolas cheque is back in the united states now. the navy seal died over the weekend during an operation and rescue of an american doctor kidnapped by the taliban. pentagon officials say the doctor was in imminent danger of being killed. he was rescued unharm but officer cheque died from gunshots wounds in the battle. a high school friend and cheque always wanted to be in the military. >> that was his plan. it wasn't college, it wasn't engineering. it was -- i'm interested in being in the military and in living that lifestyle, serve my country. that's what he wanted to do. >> seven taliban members were killed in the rescue operation. cheque a 10-year veteran was part of the elite u.s. special forces team. that same elite unit carried out the raid that kill
is holding a hearing now. in june of last year the california zephyr was bound from chicago tomorrow ville at a crossing a truck slammed into the train six killed, 70 injured. monitoring equipment indicate the train's whistle, crossing lights and guard all worked some witnesses say they didn't there are lawsuits against amtrak and union pacific. >>> talks resume this afternoon to end weeklong strike keeping crab fishermen out of the water. negotiations to end the dispute brock off yesterday. crab -- broke off yesterday. beateners were getting $3 a pound before thanksgiving. >>> michigan lawmakers have taken the final step toward returning traditional pro union stronghold into a right to work stay katie marzullo is live in the newsroom with the latest. >> reporter: to bring this home, california is not a right to work state. unions here can make workers join and pay dues. michigan going in the opposite direction, less than two hours ago the house passed right to work legislation, affecting public sector workers they passed it 58-51. representatives had already ok'd second bill focusing on p
area shorelines. ans >>> well, some very high tides are in store for the northern california coast and the bay area shorelines. and as cbs 5 reporter mike sugerman explains, some researchers think it will provide a glimpse of things to come. >> reporter: of all the photogenic spots of the bay area to take pictures of, why is hailey taking pictures of water and cement? [ laughter ] >> it's afternoon important picture. >> reporter: it's the before and after. >> the pictures of the king tideses help yours visualize the dramatic tidal reefs that we're already experiencing. >> reporter: the connector ramp from 101 to marin was flooded today. that happens. but normally when there's a storm. there was no storm of the just very high tides, king tides. >> but are rising tides stuff like this needs to be considered. >> reporter: they are about gravity. the earth, moon and sun are in such a position that tides will be the highest of the year the next couple of days. but it could look like the new normal. oceans are filling up with more water for a variety of reasons, 8" more in the past centu
:00 eastern. coming up, greg will talk about the california teachers union that put together a grotesque cartoon that depicts the rich urinating on the poor. these are the teachers instructing the children of california. next. ♪ ♪ >> greg: the california federation of teachers have a video taxing the hell out of the rich. the animation is aimed at kids. narrated by ed asner. i believe he played rhoda. smear the 1% as evil. roll tape, roll tapers. >> over time, rich people decided they weren't rich enough so they came up with ways to get richer. the first is tax cuts. they said why should i care about other non-rich people. i can hire teachers, safety, waste disposal people to work for me for less money than taxes cost. i can do the rest of my taxes for me. >> greg: adorable. here is where it gets delightful. >> schools, public safety, the roads, parks. libraries. public transportation. all in decline. rich people didn't care. they said get what they deserve. ordinary people wonder why rich people needed so much money. the 1% said don't worry. this is good for you, too! because it wil
california. do you expect the governor to seek re-election in 2014? secondly in pennsylvania you are challenged to a republican governor and pennsylvania has a long tradition to have republican governors serve two-full terms. >> i think both california and pennsylvania are great opportunities for us. obviously the governor in california is doing a great job in california. he is making tough decisions i was impressed that he was able to win the referendum that that gave californians a choice that you can pay higher income tax to the yelt or you continue to slash educational -- he won that referendum. california voters voted for higher income tax on the wealthy in order to have an educated work force. that is huge. he does intend to run again. he's doing an extraordinary job out there. i was honored that he momed me to be a chair. we expect him to run and we expect him to win when he does run. we're excited about that race. in pennsylvania, another example of a tea party governor who isn't getting results. now, as you know the pennsylvania society met this weekend there is a lot of
. >>> welcome back to "the kudlow report." in this half hour, you know, folks, california is one screwed up state. they want green rj energy which makes them double up on fossil fuels. they want a carbon tax and with a 52% rate i heard their businesses are fleeing to arizona. former mississippi governor haley barbour has been appointed to do an autopsy on gop losses last month. we are going to look at the forensic evidence on this one. first up, take a listen to this one. one of the many radio ads by the kept of agriculture encouraging people to sign up for food stamps. >> would you look at margie? she looks amazing. >> she sure does. >> i wonder how she stays so fit? what's her secret? >> well, she told me that food stamp benefits help her eat right and she stays active, too. >> guess what. unfortunately this is working. despite an improving economy and declines in unemployment we learned the number of people on food stamps is still soaring. this is government dependency at its worst. here now is the story. political reporter from the daily caller and margie omara. margie, i have to go to
of their unions slip away in the midwest. could it happen in california? >>> federal investigation into what caused a deadly crash involving a bay area bound amtrak train what we could learn in hours. [ female announcer ] martinelli's gold medal sparkling cider is the perfect choice for holiday gatherings. martinelli's is non-alcoholic, festive like champagne, and tastes great! martinelli's: since 1868. >>> federal investigators expected to release who or what was to blame in day deadly amtrak crash. the national transportation safety board is holding a hearing now. in june of last year the california zephyr was bound from chicago tomorrow ville at a crossing a truck slammed into the train six killed, 70 injured. monitoring equipment indicate the train's whistle, crossing lights and guard all worked some witnesses say they didn't there are lawsuits against amtrak and union pacific. >>> talks resume this afternoon to end weeklong strike keeping crab fishermen out of the water. negotiations to end the dispute brock off yesterday. crab -- broke off yesterday. beateners were getting $3 a pound b
the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protests at the state capital building in michigan where right to work legislation will be signed today. that means workers will be able to choose if they want to join the union. they will no longer be compelled to pay dues. here is the president speaking at a daimler factory in michigan yesterday. >> we do eve
filmmaker michael moore thank you so much for joining us. up next some say as california goes, so goes the nation. we'll see which way the arrow is pointing now. where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. cu >>> we the taxpayers have spoken! we have made clear our goals! now we are watching you! it is your responsibility to make proposition 13 work.
with national geographic in california on a very interesting trip out there. he is going to tell us all about it. the discoveries of new innovations in california ol many different fronts and julie mason with poddus channel radio. you are all friends of bill. you but first: >> this is the full court press. >> other headlines making news on this monday, the two australian radio djs that will page called the hospital have broken silence since the nurse that fell for their hoax they apologized this morning for the incidents. the southern cross radio company says the prank call was cleared by company lawyers and they did not break any laws. but police are investigating. >> bill: such a sad, tragic ending. >> peter: bizarre story >> bill: a prank call. a lot of radio stations have done for years and years and years. >> all it, it was. >> joe biden was out and about. >> costco. >> no, at a football game attending the army/navy. the mid shipment defeated the black knights, 17-13, presenting the commander in chief trophy to the secretary of the navy and the superinte
east merced street in fowler, california thearks cecil e. bolt post office. the speaker pro tempore: pursuant to the rule, the gentleman from texas, mr. farenthold, and the gentlelady from new york, mrs. maloney each will control 20 minutes. the chair recognizes the gentleman from texas. mr. farenthold: i yield myself such time as i may consume and ask unanimous consent that all members have five legislative days with which to revise and extend their remarks and include extraneous material on the bill under consideration. the speaker pro tempore: without objection, the gentleman is recognized. mr. farenthold: mr. speaker, h.r. 4389 introduced by the gentleman from california, mr. costa, would designate the facile i have to the united states postal service, located at 19 east merced street in fowler, california a this has the cecil e. bolt post office this bill was introduced on april 18 and prereported favorably from the committee on government oversight and reform on june 7. cecil bolt was drafted into the army prior to the start of world war ii. he was assigned to the allusion isl
out that teachers in california are investors in bushmaster. california state teachers retirement system invested $600 million in cerberus, that private equity firm. that means the teachers retirement fund owns 2.4% of the freedom group, parent of bushmaster. it is now reviewing that investment and other potential holdings in gun companies. chief investment officer at the teachers retirement system. thank you so much for talking with us and walking us through this this morning. clearly you must have heard from teachers over the past week. >> yes, we have, through e-mail, phone calls and social media. >> what are they telling you? >> well, obviously, they're very distraught, as we were. and, you know, i was devastated when we realized we had this investment in our portfolio. it's extremely small. that's why we hadn't focused in on it, in particular. and their reaction, obviously, is of great concern. >> i should point out there are a lot of retired california teachers. you are one of the biggest sort of investors in the country. you have a very big, broad portfolio. teachers invest
with wall-to- wall attention. >> reporter: democratic senator dianne feinstein of california, a long time leader in gun control, called the n.r.a.'s plan a distraction that's only intended to delay action by congress. >> should we have a conversation about school security? yes. should we have a conversation about mental illness and the culture of violence? yes. but we can't ignore the common denominator in all of these deadly massacres: access, easy access to killing machines. >> reporter: the fact is, scott, that one-third of america's public schools already have armed security and it's interesting to note an armed deputy sheriff was assigned to columbine high school near denver in 1999 but failed to stop that attack that killed 13. >> pelley: chip, thank you very much. of course, the best thing is to prevent a mass shooting and the united states secret service has spent years studying assassins and school shooters in order to do just that. brian vossekuil and robert fein wrote two studies for the secret service and they told us in an interview for "60 minutes" that gunmen often leave a
bans gay marriage in california. they will hear argumentses in march and with rulings expected by june. >>> a group is urging the photograph to ban the salvation army. they made the request after a student acted and said the homeless shelter and soup kitchens refused to offer same sex couples. and a woman was teed access to a women's shelter. >>> the campus at san bernardino said they not and killed a student. few tails have been released. they were forced to fire their weapons after a graduate students became violent. he was treated for life-threatening injuries. >>> a man was shot in a standoff with the s.w.a.t. team. that standoff started yesterday afternoon when police responded to a report of an armed robbery at the fast food restaurant and follow some boulevard. they discover -- folsom boulevard. they discovered there were two hostages. >> they were forced to take action to end this safely. >> neither of the employees were hurt. the suspect was taken to the hospital where he died of his injuries,. >>> new this morning, a motorcyclist is in critical condition after being hit in oa
doma, the federal law that's now before this court, and when we filed the case right here in california, as one has to do, we sued the governor at the time which was arnold schwarzenegger and our attorney general at the time which was jerry brown, the current governor. both responded by refusing to defend the case and ultimately joined our side in the case and said it was fundamentally an unconstitutional law and they weren't going to defend it. so the judge in our case, chief judge vaughn walker, who wrote that historic ruling in this case, allowed the intervening defendants, the proponents of prop 8, to intervene and to defend the case. on the doma case the small group of folks on capitol hill out of the house have come together and are defending it because the federal government won't. at the end of the day this is unconstitutional, and everyone knows it. >> it's a day in history here. this could be a major moment in the court's history. look at what tom goldstein of scotus blogged last week. quote, i have never before seen cases i believe would be discussed 200 years from now. bush
but the panacea that its proponents promised. california once ranked 7th, has now dropped to 35th. it has the highest debt and lowest credit rating of any state in the country. this can be blamed in part on proposition 13. but californians had a little bit of an awaking this year and they voted for proposition 30 which temporarily raises income taxes for the wealthy and sales taxes for everyone with rev views going towards education, and now there is word that the state is expected to have a billion dollars surplus, california, in 2014! when they had a $42 billion deficit in january 2009. they are going to have a billion dollars surplus. maybe congressional republicans dealing with the fiscal cliff should take note. coming to us from sacramento is the former california state treasurer that lead the commission that was tasked with figuring out the financial meltdown. welcome inside "the war room." >> good to be with you. >> jennifer: all right. what do you credit the expected surplus to? growing economy? prop 30? what is it? >> the economy is beginning to inch back in
tempore: the gentleman from california is recognized for 15 seconds. mr. dreier: i thank my friend for the 15 seconds, and i'll try not to exceed that. if i do i appreciate his generosity in yielding me such time as i might consume. mr. speaker, let me just say that i appreciate the fact that my friend said we should have a defense capability that is second to none. we should be pre-eminent in the world. i appreciate his statement that that needs to be done. i also appreciate the fact that he talks about the multifairous societal needs out there, ensuring we don't see those who are struggling to make ends meet suffer. we concur wholeheartedly in that goal. but i have said this time and time again, i said it in the rules committee, and mr. bishop and i had a discussion about this. and mr. hastings got into this as well. and that is i argue, this is my perspective, and thomas jefferson said two thinking people given the exact same of facts can draw different conclusions, but i concluded as i look at the preamble of the constitution with all of the important statements in there, we th
for a california elementary school. why it now graces the name of a man historians call one of the most dangerous gangsters his time. >> no matter how many bumps in the road and land mines you hit, there's a light at the end of the tunnel. >> an east bay basketball player is breaking down barriers. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. tonight. by adopting the name of a notorious califora >>> an elementary school is making a name for itself by adopting the name of a notorious california outlet. vasquez was hung for murder. he lived a violent life, but he's also something of a folk hero. many hispanics view him as an avenger. >> he was not a murder. he was framed by the system at that time. he took from the rich and gave to the poor. he was
security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her testimony on the benghazi terror attack. doctors say the blood clot is very risky. >> blood clots are serious depending where they are. the leg is more common and simpler to treat. lungs are more life threaten, into the brain of course, very, very serious if it is in the brain because of stroke and potential memory and injury to the entire brain. gregg: david lee miller is live in new york city with the very latest. and, david, what do we know about the location of that blood clot? >> reporter: gregg, the authorities have not released that information. they have only disclosed she is being treated for a clot. she fainted earlier this month and hit her head causing a discussion. the clot was discovered in
traffic off california will be redirected next year to protect endangered whales which migrate along the coast. five whales died from collisions with ships in 2010. now, with support from the shipping industry, the changes will affect shipping lanes between san francisco and l.a. the fiscal fight is frustrating everyone from wall street to main street to capitol hill. but perhaps not for too much longer. reports say president obama will meet with congressional leaders today, and he has a new proposal to offer. yesterday, the president returned to the white house early from his christmas break in hawaii. the senate also returned to session. house speaker john boehner says the house will be called to order sunday and warns lawmakers they may work through friday. ford is expanding in the great lakes state. the automaker will invest $773 million in additions to four of its michigan factories. ford says it'll create 2300 new jobs and may lead to a goal adding 12,000 new jobs across michigan by 2015. the star of the hit tv series "grey's anatomy" is attempting to buy a coffee chain. patri
, everyone, a leading internet gun seller suspends all sales. the california teachers pension fund thinks about getting out of gun stops. the bush master gun maker has been put up for sale. and friday marked a sea change. richard trumka has taxes and spending. a dead ringer for big labor's plans delivered to the white house. facebook makes a pr push, mark zuckerberg, a half billion to charity and you are getting out of general motors and you lost. wednesday, december 19th, "varney & company" about to begin. >> good morning, everyone, general motors, it's about you the taxpayer. you are getting out. and they will sell 300 shares by a pre-arranged written trading agreement. don't know the price. plus, gm will buy 200 million shares from the treasury, that means is taxpayer loss is being locked in. how much? we're not sure. taxpayers, by the way, put in 49 1/2 billion into general motors. the bid-ask shows gm up today. now, the gun industry, that's feeling the impact of last week's shooting in connecticut. cheaper than dirt one of the biggest on-line retailer has stopped selling firearms an
, nicole, more proof that the california is the formerly golden state. and tens of thousands leaving and is mike reagan ready to join them in the mass exodus. make it with them. just look at this. there's still room in my house for you in new jersey, okay? >> see you on the 7th. >> stocks will be higher when trading begins at 12:15 eastern time. right around noon time today we're going to get the official word from the federal reserve. is ben going to print a ton more money or not. odds are the answer is yes. he's going to keep on printing and if president obama keeps spending and he will, it looks like a nice stock market rally on our hands and by the way, the dow is already around 13250 headed north by the looks of it. in the early going the dow jones industrials have opened higher. a big name you know, costco, better than expected profit. let's kick it off. where is the stock? >> a winner is a winner, up .8% and it's a winner because how with numbers beat the street. a couple of things when you delve into the wholesale retailer and a 30% rise in quarterly profit and this did beat
against the gays. the latest battlefield is california where governor jerry brown recently signed a law banning gay repairive the therapy: treatments aimed at turning gay kids straight. just because the american psychological association says gay conversion therapy can cause depression and suicide attempts. big deal! so does lunesta. (laughter) that's just ambien for gay people. that's why there's a butterfly. fortunately -- that's true. it's true. fortunately, federal judge william shove told california to shove it. >> the state of california has been blocked from enforcing a new ban on therapy that seeks to change the sexual orientation of minors from gay to straight. a federal judge ruled the law may inhibit the first amendment rights of therapists who oppose homosexuality. >> stephen: damn straight! these kids need our help. not only are they gay, look how blurry they are! (laughter) that's all right. folks, this is a good call because these anti-gay treatments are proven. a recent lawsuit in new jersey highlighted some of the most effective methods anti-gay therapists use. >> in an
, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was levi strauss. now, 140 years later 450 million pairs of jeans are sold every year in the u.s. alone. now, you would think with that volume, the manufacturing process would be totally mechanized but actually a lot of it is still done by hand. a typical pair of jeans is made from 15 individual pieces, someone has to oversee cutting all of those pieces and sew them together and as you can see in this discovery channel documentary, the seams get ironed out flat then the zipper and the rivets are attached and finally, because who wants new-looking jeans they get distressed. workers put them on giant rubber legs that get blown up like balloons and then they give some rough treatment to them so they really look like they came out of
. john in california. >> caller: booyah, jim, from the sacramento valley of northern california. >> what's going on? >> caller: anyway, i got -- i noticed some activity in the house building around here back around northern california, sacramento valley. my play is berkshire b. what do you think of that? >> i think it actually made sense. i campaigned for that to be a housing and insurance company stock. i think you're dead on, i think it's a great buy. i think you're getting them pretty cheap if i do say so myself. keep one eye on the paralysis in washington and one on the companies no longer waiting to be act. there's money to be made just being a shareholder. get out of those bond funds. they're going to crush you. find some good stocks. >>> coming up, trend spotting? tonight cramer's got the exclusive interviews you need to catch the market's next hot trend. first, wall street's been taking a bite out of apple but tech manufacturer jbil lit up the ticker today. is it charged for a run in 2013? then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housin
and i reserve the balance of my time. >> the gentleman from california. >> i'd like to associate myself with her remarks that we hopefully will not go over the fiscal cliff. i would like to say that i can provide my friend from rochester, our distinguished ranking member from the rules committee, insurance and we will not be adjourning the congress today and ending our work. i said in the rules committee, mr. speaker, that we are going to continue with our work. the action we are going to take as it relates to these two measures, the reconciliation package designed to ensure that we do not see sequestration, which we all knew would be devastating -- it is a package of $230 billion. it is a responsible measure that is not going to be getting -- gutting programs. it will be tackling entitlements reforms. >> will be representative yields? >> sure, i will yield. >> thank you for yielding. we were assured that the bill we were getting was the bill we would vote on. all we got was doublespeak. >> if i can reclaim my time, i can say that i have served as long as the minority as john dingell. i
invasion along 12 miles of northern california beaches. thousands of squid washed up on the monterey shore stranded from aptos to watsonville. some of people tried to put them back in the water but the deep water creatures swam back to shore. a graduate student observing the bizarre phenomenon says the squid probably don't know where they are. >> they don't see the shore very often. so it might just be they don't understand what's going on around them and they are just trying to get away and don't realize that if they swim towards the shore, they're going to run out of water eventually. >> researchers think the juvenile squid may have eaten toxic algae causing them to be disoriented and swim on the beach. also, el nino weather patterns may have drawn them to cooler waters of northern california. >> 6:06. hope you enjoyed the last couple of days because the weather is achangin'. >> that's what lawrence says. >>> chance of rainfall returning even snow on our local mountains tomorrow. mostly clear skies right now and chilly temperatures although we are seeing some fog in some of the north bay
.s. supreme court already has. in striking down california's attempt at a violent video game law, the court had this to say about studies linking games to violent behavior. these studies have been rejected by every court to consider them, and with good reason. they do not prove that violent video games cause minors to act aggressively. >> as a society, if we focus in on the wrong issue, on something that is a red herring, that is not going to help anybody, that can distract the national conversation from serious issues. >> reporter: neal karlinsky in seattle. >> we want to know, are you rethinking your kid's video game habits? logon to weigh in. >> "the new york post" reported -- >> that's right, they're reporting that adam lanza's mother was thinking about putting him in a mental institution, committing him and he found out about it and perhaps that is why the carnage ensued. >> and we've been wondering all along, the question why. that may be one of the answers. we'll be back. >>> now it's time for "the mix." you know i love this story because it's dear to me. >> extremely. >> apparently
workers, the quintessential sort of low wage workers, the state of california, congresswoman, ends up paying $86 million in basically social safety net, food subsidies and the floor that is not provided by walmart, the employer. isn't this the thing that we need to be having a conversation about? >> that's one of the reasons the republicans have such a problem with obama care, for example. we are talking about moving away from employer-based, in a sense, requirement of where you work for your safety net and really saying everybody should have it and, by the way, everybody is going to put in towards t a lot of employers are having a problem. for once, we are telling them, people need to be insured. it would have been better in my opinion if it wasn't health care insurance form. >> just health care reform. >> this is a route going down towards what we need, which is that all americans should have an ability to walk in at a very local arena and get a physical, get a checkup. if something is wrong with them, start down the road to improving their health. when we see that happen, i can't t
in creating. host: here is mike from san diego, california. guest: good morning. real quick question. i do air traffic control. with a do you think they'll do with the sequester as far as their traffic controllers? guest: i wish i could tell you. i've seen the same numbers you have. 20,000 people furloughed. they're going to provide as much coverage as they can so different people could be furloughed different days. host: ray, in iowa, democrats line. host: morning, ladies. earlier, one of the callers made a statement about federal workers having their jobs. they come to work, they didn't have to do their jobs and they couldn't be fired. nothing's further from the truth. the only way that someone's job cannot be fired is they have an i.p. -- income tent boss. if they do something wrong or they're not doing their job, all their supervisor has to and is document it. i'm a retired postal worker and there's nobody that cannot be fired. there is a point -- the other point i like to make is this absurdity about overpayment. the private sector equal jobs i know i was a postal worker. the private sect
in california, nevada, arizona all things we learned from the luxury home builder toll today. oh, that's fine. they leave out the most important fact that i hadn't heard from anybody, let alone toll brothers before. demographic play, how the company's chairman talked how demographics are going to take over. household formation is unnatural but because of the great recession. now at least it's picking up. there should are several new home buyers out there because of pent-up demand. well, from the delay of creation of new families, which is highly unusual in a country like america. what makes that so special? the fiscal cliff could be a big deal for sure. but what could trump the fiscal cliff, study this. it's the need to get out of your mother-in-law's house. get your own home. intuitive concept for those, when you think about it. we got to break here as toll brothers actually down on the news today because the market's so darn tough. i expect downgrades tomorrow from people who don't believe things can stay this strong and that could be your strong to be analysts who always downgrade ar the r
about throw women eating dinner in california, ready to pay the check and they discover the words "fat girls" written on the check. do you think they can sue? a lawyer says fat chance. the other says fat chance they can't. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, . with l.e.d. light absolutely free. when you call the experts at one revers
's talking about a very short deal and there is time for congress to acts. >>> big tides for california are coming in soon and they are called king tides and they will peek thursday morning. the water will cover beaches entirely. instead of the water lapping up on sand it will be hitting the docks and they believe this is what california will look like some day if globe pal warming raises the sea levels. >>> we are talking about the pay bridge, it is all picked up? >> yes if you are trying to hit the road you should not be worried about any road work but of course we are here to find out about troubled spots. let's look at 880 westbound and you can see traffic is moving well out to the mcarthur maze with no major issues getting onto the bay bridge and toll plaza and that traffic is moving along nicely on into san francisco with no major problems. we also have a look at 280 and san jose and 101 and 285 are off to a great start and hopefully it will stay this way but as more people get on the road, you know how it goes, we will have some more troubled spots. here is weather, steve? >>> cl
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